Gasoline prices fell to an average $2.37 per gallon (-3.3%
y/y) from $2.42 last week. Prices have fallen from an average high of $2.90
early last month to currently the lowest level since August 2017. Haver
Analytics constructs factors to adjust for the marked seasonal variation in
prices. The seasonally-adjusted gasoline price fell three cents last week to $2.50 per gallon.

West Texas Intermediate crude oil prices eased to an
average of $51.53 per barrel (-9.9% y/y) after rising to $52.67 in the prior
week. Prices have declined steadily since the peak of $75.11 in early-October.
Yesterday, prices declined to $49.88 per barrel. Brent crude oil prices fell
last week to an average $60.34 per barrel (-1.5% y/y) from $61.47 during the
prior week. Yesterday, prices were $59.02 per barrel.

Natural gas prices fell last week at an average $4.33/mmbtu
(+56.3% y/y). Prices were up from a low of $2.52 last February. The price was $3.80 yesterday.

These data are reported by the U.S. Department of Energy. The
price data can be found in Haver's WEEKLY and DAILY databases.
Greater detail on prices, as well as the demand, production and inventory data,
along with regional breakdowns, are in OILWKLY.